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— bed, — bath, 4,933 sqft on 0.34 acres in Lake Austin. Austin, TX 78731. Last listed at $3,850,000, sold September 12, 2025. Austin ISD.
About This Home
Stunning Mount Bonnell estate with panoramic views of Lake Austin, fully prepped for a permitted remodel. This elevated home has been taken down to the studs, offering a clean slate with a full City of Austin remodeling permit in place. A builder’s bid is already complete—now all that’s missing is the perfect buyer to bring the vision to life.
Lake Austin is Austin's most exclusive waterfront corridor - 22 miles of constant-level shoreline in 78732, 15 minutes from downtown. Waterfront homes start around $4M and trophy lots with 200+ feet of flat shoreline trade at $15M-$35M+. The lake is controlled by Tom Miller Dam, which maintains consistent water levels year-round - the key advantage over seasonal Lake Travis.
This is one of Austin's thinnest markets. Roughly 22 miles of total shoreline, and at any given time only 3-5 homes are actively listed. Many of the best lots trade privately through agent relationships before they ever reach the MLS. The finite supply creates a structural price floor that insulates Lake Austin from broader market cycles.
Buyers here want water access as daily life, not a weekend plan. Morning paddleboard, afternoon ski run, burgers at Ski Shores by boat, sunset from your own dock watching Hill Country ridgelines. The practical side matters too: you are inside Austin city limits with full services, 15 minutes from downtown, 10 from the Domain.
Four Seasons Private Residences is under development on 145 acres with 188 planned homes - the first significant new inventory since the lake was established. Eanes ISD and Leander ISD serve different sections of the corridor, both with strong school ratings.
- Property Type
- Residential
- Year Built
- 1990
- Lot Size
- 0.34 acres
- Price / Sq Ft
- $780
- Garage
- 2 spaces
- Pool
- Yes
Listing information last updated September 12, 2025.
Listed by Kuper Sotheby's Int'l Realty
MLS# 7913831 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Balcony
- Stucco
- Views
- Slab
- Covered
- Roof
- Shingle
- Lot Size
- 0.34 Acres
- Attached
- Garage Spaces
- 2
- Pool
- Yes
- Lake Front
Financial
- Original List Price
- $3,850,000
- Price per Sq Ft
- $780
Utilities
- Electricity Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 3504 Mount Bonnell RD, whoever represented it.
- SoldSeptember 12, 2025Listed at: $3,850,000MLS 7913831
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $3,850,000
- Original list
- $3,850,000
- Price movement
- No verified reduction
- Listed / DOM
- May 23, 2025
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $4,283,404
- Assessment Year
- 2025
- Year Built
- 1990
- Parcel ID
- 000000122297
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+9.5% | — | $4,283,404 | — | — |
2024-18.4% | — | $3,910,433 | $3,250,000 | $2,050,000 |
2023+39.0% | — | $4,794,245 | $3,250,000 | $660,433 |
2022 | — | $3,450,000 | $3,250,000 | $1,544,245 |
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Zoned Schools
Austin
O Henry
Casis
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
Illustrative down payment
20% ($770K)
Adjustable assumption - not a lending recommendation.
Home price
$3,850,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Lake Austin pricing, timing, and property scale. No automated valuation claim.
List price
$3,850,000
Price per sqft
$780/sqft
Vs. Neighborhood guide reference price
-22.4%
$5M · Lake Austin neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$3.9M original
Active inventory context
31 listings
Price Position in Lake Austin
Listed 22% below the Lake Austin neighborhood guide reference price. Lake Austin neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 5, 2026.
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